Granting of Rights Clause Examples
The Granting of Rights clause defines the specific permissions or licenses that one party gives to another regarding the use of intellectual property, products, or services. Typically, this clause outlines the scope, duration, and limitations of the rights granted, such as whether the rights are exclusive or non-exclusive, and may specify permitted uses like reproduction, distribution, or modification. Its core practical function is to clearly delineate what the receiving party is allowed to do, thereby preventing misunderstandings and potential disputes over unauthorized use.
Granting of Rights. 1.1.1 Equity Option Party B hereby irrevocably grants to Party A an option (exercisable one or more times) to purchase or cause any one or more persons designated by Party A (“Designated Persons”) to purchase, to the extent permitted under PRC law, according to the steps determined by Party A, at the price specified in Article 1.3 of this Agreement, and at any time from Party B, a portion of, or all of, the Equity Interest (the “Equity Option”). No Equity Option shall be granted to any third party other than Party A and/or the Designated Persons. Party C hereby agrees to the granting of the Equity Option by Party B to Party A and/or the Designated Persons. The term “person” in this Agreement means an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.
Granting of Rights. 2.1. AFMG grants the User a perpetual, non-exclusive, non-sublicensable and non-transferable right for the term of this Agreement to use the Software on a number of computers only. This number corresponds to the number of User Keys purchased from AFMG or AFMG’s Partners.
2.2. Reproduction of the Software is only permitted insofar as it is necessary for use of the Software in compliance with this Agreement. The User may produce backup copies of the Software as is necessary and in keeping with good practice. Backup copies on removable data storage media must be labeled as such and must bear all copyright and proprietary notices.
2.3. The User is not authorized to change, adapt, arrange or otherwise modify the Software unless expressly allowed under the applicable copyright law or upon prior written consent by AFMG.
2.4. The User must not transfer or sublicense the Software to third parties without prior written consent by AFMG.
2.5. AFMG remains the sole owner of all rights in and to the Software and reserves all rights not granted to the User under this Agreement.
Granting of Rights. The right to reproduce the software is limited to the installation of the software on a computer system of the customer and to a duplication necessary for loading, displaying, running, transferring and storing the software, as well as the right to make a backup copy of the software by a person authorized to do so pursuant to
Granting of Rights. In consideration of its agreement to pay the payments and benefits, and to comply with the working conditions provided herein, the Employer is hereby granted the right to make audio recordings from live performances of symphony, opera or ballet orchestras, audio or audio-visual recordings from archival tapes of live performances, and audio-visual recordings from live performances and special calls, and to exploit those recordings subject to the provisions of this Agreement.
Granting of Rights. The Shareholders hereby irrevocably grant to Party A an option (“Call Option”) to purchase or cause any person or persons designated by Party A (“Designee”) to purchase from the Shareholders at any time, to the extent permitted by PRC laws and according to the steps as determined by Party A at its own discretion, all or part of their equity in Party C (“Target Equity”) at the price specified in Article 1.3 of this Agreement. The Shareholders shall not sell, sell by offer, transfer, donate or pledge the equity to any other third person other than Party A and/or the Designee. Party C hereby agrees to the granting of the Call Option by the Shareholders to Party A and/or the Designee. The “person” set forth in this article and this Agreement means an individual, corporation, joint venture, partnership, enterprise, trust or a non-corporation organization.
Granting of Rights. Party B hereby irrevocably grants Party A or one or more persons designated by Party A (each, a “Designated Person”) an irrevocable and exclusive right to purchase (the “Call Option”) from Party B the whole or a part of the equity interest in Party C held by Party B (the “Target Equity”) exercisable by Party A at its own option and at the price set forth in Article 1.3 herein pursuant to any applicable PRC laws. Unless the prior written consent of Party A and its Designated Person has been obtained, Party B shall not sell, transfer or dispose of the Target Equity in any way to any other person. Party C hereby agrees to Party B’s granting to Party A the Call Option. The reference to “person” in this Section and this Agreement are to a natural person, legal person or non-legal person entity.
Granting of Rights. 1. ▇▇▇▇▇▇▇▇▇ hereby grants to the Licensee a non-exclusive, worldwide, nontransferable license during the term of this agreement to use the ASIO Interface Technology solely:
a) for the development of ASIO Drivers and/or for the development of an application that can host ASIO Drivers (herein ASIO Driver Compliant Product), b) publish, sell or otherwise distribute a ASIO Driver Compliant Product under his own brand name that is using parts or all of the Licensed Software Developer Kit.
2. In case the Licensee receives a preliminary version of the Licensed Software Developer Kit, the Licensee is not allowed to publish any ASIO Driver Compliant Product to the public using a preliminary Software Developer Kit. The Licensee is only allowed to publish a ASIO Driver Compliant Product to the public based on a Licensed Software Developer Kit which is not declared as a preliminary version by ▇▇▇▇▇▇▇▇▇.
3. The Licensee has no permission to sell, license, give-away and/or distribute the Licensed Software Developer Kit or parts of it for the use as software developer kit in any way, for example, integrated in any framework application, on any medium, including the Internet, to any other person, including sub-licensors of the Licensee or companies where the Licensee has any involvement. This includes re-working this specification, or reverse-engineering any products based upon this specification.
4. In case the Licensed Software Developer Kit is modified, it shall not be published, sold or distributed without agreement of ▇▇▇▇▇▇▇▇▇. Furthermore, the naming of the Licensed Software Developer Kit shall not include “ASIO 2.3 SDK” or any combination containing the VST brand without permission of ▇▇▇▇▇▇▇▇▇.
5. In case the Licensed Software Developer Kit is extended by additional code, it shall not be used in any other description than “(Licensees company name) extension to the ▇▇▇▇▇▇▇▇▇ ASIO 2.3 SDK”.
6. The Licensee recognizes the value of the goodwill associated with the ▇▇▇▇ ASIO Technology and acknowledges that such goodwill exclusively belongs to the benefit of ▇▇▇▇▇▇▇▇▇ and belongs to ▇▇▇▇▇▇▇▇▇. The Licensee warrants that it will not use the ▇▇▇▇ ASIO Technology on promotional merchandise, with the exception of demo versions of any of his product making use of this SDK. The Licensee warrants that it will not use the ▇▇▇▇ ASIO Technology on or in connection with products obscene, pornographic, excessively violent, or otherwise in poor taste.
7. If the Licensee is develo...
Granting of Rights. 1. Licensor grants the Licensee a non-exclusive non-transferable right to use the Software and Documentation for the duration of the Lease Agreement. The Licensee may only install and use the Software on the agreed number of computers.
2. The right to use terminates with the end of the duration of the Lease Agreement notwithstanding the right of termination without notice. The use of the Software by the Licensee after termination of the Lease Agreement is not allowed.
3. Licensee may only use the Software for its own business purposes within the agreed license model. Under no circumstances does the Licensee have the right to rent out the Software or to sub-license the Software in any other way, to publish the Software or to make it available to third parties hardwired or wirelessly, free or against payment, e.g. as part of providing application services or as "software as a service".
4. To the extent that the Software contains Open-Source-Components, Licensee has the right to use these within the scope as defined in this Agreement.
5. Copyright notices, serial numbers, and any other features identifying the program may not be removed from the Software and may not be changed.
6. No further rights of use or exploitation rights to the contractual software are granted to the Licensee.
7. The right of use is granted subject to the Licensee having paid in full the remuneration due to the Licensor in exchange for the lease of the Software.
8. If the Licensee uses the Software in a manner that goes beyond the scope of the granted rights of use either qualitatively (with regard to the nature of the permitted use) or quantitatively (with regard to the number of licenses), the Licensee must inform the Licensor of this immediately and no later than four weeks of becoming aware of the situation. In this case, the Licensee will immediately acquire the rights of use necessary to use the Software in this way. If the Licensee fails to do this, the Licensor will assert his rights.
9. The use of the Software is restricted to the following licensed territory: USA and Canada.
10. The use of the Software is solely permitted for the purpose of research. In particular, it is not permitted to be used together with applications which may, regardless of the respective kind, cause damages to objects or persons.
Granting of Rights. Party B hereby exclusively, irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B or assets from Party C, at once or in multiple times and at any time, in part or in whole, at Party A’s sole and absolute discretion to the extent permitted by the laws of China, according to the steps determined by Party A, and at the price described in Section 1.3 herein (such right being the “Equity Interest/Assets Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests held by Party B or assets of Party C. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to an individual person, corporation, joint venture, partnership, enterprise, trust or a non-corporate organization.
Granting of Rights a. Scope of use
i) The Intrexx Portal Server is the foundation for the operation of Intrexx. The license for the Intrexx Portal Server includes the right to install the software on a PC or server and to use the software for an Intrexx portal on this PC or server. For the operation of more than one Intrexx Portal, additional Portal Server licenses must be purchased.
ii) The Intrexx named user license allows a user to be granted the right to use the software. Each individual (a named user) that requires personalized access to an Intrexx portal must be named by the licensee and also possess a named-user license). A named user is:
a) A user whose name is known by the licensee.
b) A user whose name should be known by the licensee. This can include all part- and full-time employees, interns, individuals employed as temporary employees, contacts from partners or customers as well as employees of service providers, which means, in the scope of providing their services, they must access the Intrexx portal. User licenses can be allocated to different portals. No individuals other than those who possess a named-user license have any rights of use.
iii) The Limited User License is a named user license and can view applications without limitations in an Intrexx system, but can only edit one freely selectable application (as well as Intrexx Share, if this has been purchased). The permissions management applies to this user accordingly as is the case for all other user types. The freely selectable application is defined once for each Intrexx Portal Server and different applications cannot be defined for different users The scope of the freely selectable application for the limited users must adhere to the specifications of United Planet for the maximum application size which is: max. 30 Data Groups and max. 250 pages in the Portal Manager. Limited users can be upgraded to ▇▇▇▇▇▇ users. United Planet are technically able to keep track of the use of these licenses and will do so to ensure their correct use.
iv) The Intrexx Extranet License grants the right to use the software in an extranet scenario. In this scenario, an unlimited number of users can access any number of applications. A requirement for an extranet scenario is that the portal must be accessible from outside of the company, also by external users, without any hindrances caused by a firewall being in place. In order to confirm this, the licensee must send the portal’s URL to United Planet so that the licensor...